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Stock impact report

Augusta-based golf cart companies applaud tariffs applied to Chinese products [USA TODAY]

Gannett Co., Inc. (GCI) 
Last gannett co., inc. earnings: 11/4 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.gannett.com
Company Research Source: USA TODAY
The nonpartisan U.S. International Trade Commission has announced that Textron Specialized Vehicles Inc. and Club Car LLC , and their domestic competitors, "have been materially injured by unfairly traded imports" of low-speed personal vehicles from China. The announcement underscores Commerce's stated commitment in June to impose antidumping tariffs of between 119 percent and 478 percent, and countervailing tariffs at rates between 31 percent and 679 percent. As The Augusta Chronicle first reported in December 2024 , the U.S. Department of Commerce concluded that China's government has engaged in antidumping and countervailing activities undercutting domestic vehicle makers. Antidumping is when foreign manufacturers sell goods at less-than-fair value. Countervailing is when a foreign government subsidizes manufacturers to enable them to sell goods cheaply. The ITC's decision "will help to protect the health of a uniquely American industry and the livelihoods of thousands of Show less Read more
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